Obama Targets Budget Deficit
Posted in Main Blog (All Posts) on February 22nd, 2009 5:30 am by HL
Obama Targets Budget Deficit
President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, primarily by raising taxes on businesses and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said.
At Meeting, Governors Share Plans for Stimulus Funds
The nation’s governors, battered by plunging tax revenue and growing budget deficits in their states, converged on Washington yesterday and outlined their plans to spend billions of federal dollars coming their way from President Obama’s economic stimulus legislation.
